Morgan Stanley
June 12, 2026
Australia Macro Index Matters Qub Removal Scenario Potential Replacements
Market ReportEquitiesOther
Morgan Stanley analysts outline the expected impact of Qube Holdings' (QUB) removal from the S&P/ASX 100 and 200 indices. They identify Vault Minerals (VAU) and Develop Global (DVP) as the primary replacement candidates for passive inflows.
Key Takeaways
- 1.Qube Holdings (QUB) is expected to be removed from the S&P/ASX 100 and 200 indices following its scheme implementation, triggering passive index replacement flows.
- 2.Vault Minerals (VAU) is the lead candidate for replacement in the ASX 100, while Develop Global (DVP) is the highest-probability candidate for the ASX 200.
Table of Contents
- Australia Macro+ Index Matters | Asia Pacific
- QUB Removal Scenario - Potential Replacements
- Disclosure Section
- Analyst Certification
- Global Research Conflict Management Policy
- Important Regulatory Disclosures on Subject Companies
- STOCK RATINGS
- Global Stock Ratings Distribution
- Analyst Stock Ratings
- Analyst Industry Views
- Important Disclosures for Morgan Stanley Smith Barney LLC Customers
- Other Important Disclosures
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Antony ConteChris NicolChris ReadIsabel Black
Securities
QUBVAUDVP
Themes
Index Rebalancing
Regions
Asia PacificAustralia
